PLAY PKN: Video News Bulletin 8 May

In the news this week: PIDA 2020 winners, Orora Fibre / Opal, Wellman Packaging, Colgate Palmolive, Woolworths, GS1, Foodmach

Food & Drink Business

Companies developing the next generation of food, ingredients and biomanufacturing now have access to a food-grade pilot-scale precision fermentation facility in Australia.

Synlait Milk has reported a $75.4 million net loss for FY26, but a return to operational stability in the second half delivered a sharp improvement in earnings as the dairy processor continued its turnaround.

Australian ready-made meal business, Fast Fuel Meals, has entered voluntary administration, with more than $20m in creditor claims outstanding as the company considers a change of ownership.